John Lemos's (jplemos) Blog

One way for you to potentially improve your cash flow during retirement is to use a home equity conversion mortgage (also known as a "HECM" or "reverse mortgage").  The HECM is a mortgage loan made by a private lending institution such as a bank, credit union or mortgage company.  The loan is in...

Could a recession be too far off? It’s always hard to forecast, especially when people are saying the job market is so strong. When looking at the chart below, it shows the history of the unemployment rate and recessions, which are the red shaded areas.Preceding every recession on the chart, the ...

1 – Don't accept the highest price offer without asking the right questions.  For example: How strong is the buyer's financing approval?  Even the buyer claims to be "pre-approved", the deal may fall through because of financing conditions unrelated to the property itself. Is the buyer willing t...

Many homeowners don’t realize the impact of today’s seller’s market in housing.  Housing supply is running at 2-3 months in many parts of the country… especially in neighborhoods and areas with affordable price points.  This means that it may be a great time to consider selling your house.  Here ...

If you are looking to capture these gain in real estate, contact me today to find out the best financing to meet your specific situation.